10 N Main StreetBerlinNY12022
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Berlin at 10 N Main Street, Berlin, NY, 12022 with 5% annual appreciation on a $209,900 basis while $1,945/mo rent supports operations. Total monthly income totals $1,945/mo and a $1,027/mo payment preserves $544/mo for cash returns. Annual cash flow comes to $6,524/yr on $69,582 deployed, and return on cash invested reaches 29.29% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 11.12%. Five-year ROI measures 153.78% and total cumulative return in cash totals $107,000.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,945/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1918
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12022, Berlin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 394 (100%) |
| Owner Occupied HU | 240 (60.9%) |
| Renter Occupied HU | 51 (12.9%) |
| Vacant Housing Units | 103 (26.1%) |
| Median Home Value | $228,070 |
| Average Home Value | $313,333 |
Housing Distribution
Address Breakdown
Residential
114
Single Family
114
Multi-Family
0
Businesses
32
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